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One major goal of this course is to provide you with skills and knowledge of bot


One major goal of this course is to provide you with skills and knowledge of both the theory and the practical tools necessary to start your own research. The best way to achieve this goal is to write an original research paper. The paper will discuss why you chose the topic, economic model, econometrics specification, data and empirical finding.I. Title page.II. Abstract. This should be less than 50 words and summarize the topic, methodology, and main findings. Itshould appear on your title page.III. Introduction. This section should state the nature and objectives of the project along with a brief review ofany relevant literature. Make sure to provide some background or motivation for why your project is interesting.IV. Description of the model. The model should be clearly stated and any equations carefully explained. Youshould write out the econometric model you plan to estimate, and discuss the expected impact of the exogenousvariables in your model.V. Data description and model estimation. You should use the techniques developed in class to analyze yourdata and estimate your model. Make sure to describe the dataset you are using by providing summary statisticsof important variables. Your results should be reported and discussed in this section and could include:parameter estimates, standard errors, t-statistics, F-statistics, R-squared, tests for autocorrelation, heteroskedasticity, and possible multicollinearity, as appropriate.VI. Conclusion. Review the major findings as well as possible extensions for future work. Make sure to mentionany limitations of your approach as well as alternative explanations of your results. Policy implications, if any,could also be included in this section.VII. Tables and graphs. Your paper must include at least one table and one graph. The tables and graphs shouldbe well-labeled and accessible to the reader—do not merely print out your regression output with crypticvariable names.Appendix If you have a lot of regression results or other details in your theoretical/statistical model that merit tobe included yet, they may distract the reader, you may include them in an appendix.Example: .doc file